If the retarget is 3.5 days what happens when miners crash down on the coin with massive hash?
Did you see what happened to CAT? It's retarget was like 1 day or less and they had to hard fork
because when the dif skyrocketed everyone left and it was taking 3 days to do a transaction.
Tell me I am missing something.
Right now, it's multi-pool resistant because of the need for a special version of the mining software, so the giant spikes in hashrate that CAT had are less likely to happen.
Also not enough market depth to absorb 1Gh+ of mine+dump.
Some of the big miners may switch over, but given the different mining client, reduced hashrate, and currently small market on CoinedUp, I dont really see a lot doing it.
Not prefect and not guaranteed, but combined with not being ASIC friendly due to the memory requirement, its enough to make it different than the current crop of copypasta Scrypt coins.